by considering the competitive advantages of takaful over conventional insurances, such as sharing the underwriting profit (surplus) and return of investment, an investigation into and providing the takaful model based on shiite jurisprudence is necessary and unavoidable. accordingly, with a survey of the legal structure of conventional takaful and identification of its problems according to im...

Takaful is the Shariah compliant alternative to conventional insurance. Unlike conventional insurance, takaful insurance avoids prohibited concepts according to Islamic law, such as interest (Riba), gambling (Maysir) and uncertainty (Gharar). While there is a rapid growth in the takaful industry worldwide, it is in its early stages in the UK. In the UK there are only two takaful providers, one ...

This research aims to analyze the influence of Good Corporate Governance, Claim Expense Ratio, and Premium Growth Ratio on Solvency Level Malaysian Takaful. study uses a quantitative approach using secondary data. The population this is all takaful companies in Malaysia with 2016- 2021 period. sampling technique used was purposive method. Samples that met criteria were 11 family out Malaysia. m...

Micro Takaful is an affordable alternative protection policy for those who cannot afford a high-end level policy. However, many in the low-income group do not own personal or family because they monthly premium rates. Zakat and wakaf could become source of funds developing micro takaful. This qualitative study intends to explain need integrate zakat order develop Data were collected through sem...

This paper delves into the nomination overview and its status concerning movable estate only for Muslims non-Muslims in Malaysia from both Islamic Civil Law perspectives. Discussions focused on issues revolving around property such as Pilgrimage Fund, Employee Provident Fund (EPF), unit trust share, takaful insurance, pension. The pertinent legal provisions were also analyzed to ascertain appli...

The purpose of this paper is to distinguish between the performance levels of the Malaysian Takaful and conventional life insurance industries with a view to better informing the decisions of stakeholders. Our analysis makes use of financial ratios and macro-economic variables namely Gross Domestic Product (GDP), Consumer Price Index (CPI) and Treasury Bill Rate (TBR). We use two stage analysis...

nowadays family tkaful in islamic societies has been  studied as islamic financing tools and in detail as a legal institution based on the theory of common benefit – common loss and collective cooperation. likewise in some western countries, among the uk , family tkaful as risk financing tools has important role beside insurance in society risk  financing.  it's seems to be necessary, shia...